From 2009 to 2011, the Thai government implemented an income guarantee program for rice, tapioca and maize farmers …-eastern Thailand. To control for self-selection into the scheme, we use propensity score matching. We find that that participation in …

one income source is risky. I test the theory by measuring the response of Thai rice farmers to conditional volatility in …

Asian countries with a window of opportunity to leap from low/middle income levels to high income levels. It may sound easy …/middle to high income levels are often overlooked. Careful studies in history reveal that the experience of moving up the ladder … conditions or policy counter-measures that lead to higher income levels under changing external circumstances. This is …